Tag: insurance industry jobs

Insurers struggle to appeal to a vital generation both in terms of employment and as customers The insurance industry challenge regarding millennials continues as insurers continue to try to sell to that generation. This, on top of the struggle already faced in selling to consumers within that age group, the industry isn’t successful in drawing them to fill jobs, either. Employment in the insurance industry presents a considerable opportunity to graduating college students. That said, a top insurance industry challenge is relaying the appeal of this type of career. The…

A new outlook survey predicts this year will see insurers working to fill more jobs than ever before. Insurance industry hiring is taking off at a powerful rate, causing insurers to face a number of challenges. They are working to fill positions such as actuaries, underwriters and in claims and sales. A new survey shows that these employers are facing a string of challenges bringing in new hires. The 2018 Insurance Industry Employment and Hiring Outlook Survey predicted a trend toward record insurance industry hiring this year. However, experienced talent…

A new study showed that insurer job availability will continue to be substantial and steady for the next year. Insurance industry hiring is stabilizing as over half of all insurers intend to boost the size of their staff over the next year. The Jacobson Group and Ward Group released their Semi-Annual U.S. Insurance Labor Outlook Study results. Fifty eight percent of insurance companies will be hiring more people in 2018, said the study. The insurance industry hiring trend is greatly supported by a predicted boost in business as well as…

Insurers in the state are continuing to open positions in their companies, but workers aren’t there to fill them. The Michigan insurance industry is all set to open up a range of new jobs over the next few years. However, it is already facing a considerable challenge in their effort to fill the positions as insurance companies compete to attract talent. This was among the primary findings in a study conducted by Ferris State University researchers. The university’s insurance, actuarial and risk management student team surveyed companies in the Michigan…

Sedgwick’s chief people officer pointed out that company leaders are “all white men over 40.” Terri Browne, chief people officer at Sedgwick, a worldwide leading tech-enabled risk and benefits solutions provider said there is a diversity issue among top insurance executive positions. Jobs lower in the hierarchy have a healthy diversity but higher up in most organizations has nearly none. In the lower ranks, diversity exists and teams are thriving within it. However, the higher insurance executive positions are “all white men over 40,” said Browne. “I would say, when…

Customers find online self-service features increasingly appealing and the industry is hiring to meet that need. As the industry looks to artificial intelligence (AI) for improved customer service, insurance technology jobs are expanding in number and specialty. The more consumers show a preference for completing tasks online, the greater the need for large and skilled IT, programming and tech development departments. Current trends suggest that AI is a tech the insurance industry expects to be using in the very near future. In fact, a recent Accenture Plc survey suggested that…

This generation is only just starting to tap into an industry that is open for starting and growing opportunities. Millennial insurance jobs are proving to be among the employment opportunities that have the greatest potential for that generation. They are taking positions from claims adjusters to data scientists and underwriters in which there are massive skill sets to be built. Even more important is that the insurance employment positions are available right now. As a huge wave of baby boomers rapidly retires and as the industry evolves, millennial insurance jobs…